Bought with Paradigm Real Estate
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3775 S Packard Ave Saint Francis, WI 53225
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Key Details
Sold Price $3,380,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 52,216 sqft
Price per Sqft $64
MLS Listing ID 1812862
Sold Date 01/13/23
Year Built 1950
Annual Tax Amount $54,310
Tax Year 2021
Lot Size 3.960 Acres
Acres 3.96
Property Description
This site, located on the beautiful shores of Lake Michigan in Saint Francis, Wisconsin, boasts great views and convenient access. Sitting on almost 4 acres of land, there are 4 existing self storage buildings with 173 units. There are also 2 flex buildings on site that are nearly full with tenants, but may also be converted to approximately 165 climate-controlled self storage units. Currently, there are a mix of retail and office tenants in Merchants Row and industrial warehouse and office tenants in the industrial building. The site also includes 50 fenced outdoor parking spaces that are fully rented. With brand new condominium and apartment developments in the surrounding neighborhood of Saint Francis. This property has easy access to downtown and the airport.
Location
State WI
County Milwaukee
Zoning M1
Rooms
Basement None
Interior
Heating Forced Air, Natural Gas, Propane Gas
Cooling Forced Air, Natural Gas, Propane Gas
Flooring No
Exterior
Exterior Feature Steel
Garage Spaces 50.0
Roof Type Metal,Rubber
Building
Water Municipal Sewer, Municipal Water
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